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News Release: Newmark Facilitates $72.7 Million Sale of Medical Office Building Portfolio
The five assets total 179,000 square feet and span four states New York, NY (February 8, 2023) — Newmark announces the $72.7 million sale of a five-building, Class A medical office building portfolio. The 179,000-square-foot portfolio comprising outpatient medical office buildings and surgery centers spans four states—Pennsylvania, Connecticut, Georgia and Texas. Newmark represented the seller […]
News Release: CVS Health to Acquire Oak Street Health
Acquisition further advances CVS Health’s care delivery strategy for consumers WOONSOCKET, R.I. and CHICAGO, Feb. 8, 2023 /PRNewswire/ — CVS Health® (NYSE: CVS) and Oak Street Health (NYSE: OSH) have entered into a definitive agreement under which CVS Health will acquire Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value […]
News Release: Medical Properties Trust Announces Closing of Lifepoint Health’s Acquistion of Majority Ownership Interest in Springstone
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that Lifepoint Health (“Lifepoint”) has completed its previously announced acquisition of a majority ownership interest in Springstone Health Opco, LLC (“Springstone”) from Springstone’s management group. In conjunction with Lifepoint’s acquisition, MPT sold for approximately $205 million in cash its approximately $190 […]
News Release: Healthpeak Properties Reports Fourth Quarter and Year Ended 2022 Results
DENVER, Feb. 7, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the fourth quarter and full year ended December 31, 2022. FOURTH QUARTER 2022 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.01 per share, Nareit FFO of $0.35 per share, FFO as Adjusted of $0.44 per share, and blended […]
News Release: Lifepoint Health Acquires Majority Ownership Interest in Springstone
Completed transaction brings 18 new behavioral health hospitals and 35 outpatient locations into Lifepoint’s diversified healthcare delivery network, bolstering expertise, resources and facilities BRENTWOOD, Tenn.–(BUSINESS WIRE)-–Lifepoint Health announced today that it has completed the transaction to acquire a majority ownership interest in the operating company of Springstone, a national behavioral health provider. The transaction expands […]
News Release: Done Deal: Blueprint provides support in La Porte
Blueprint assists Seller in divesting a non-core medical office building in La Porte, Indiana Seller engaged Blueprint to run a targeted, yet expedited marketing process on the 6,000 SF single tenant MOB, which was recently vacated by a regional dialysis operator The institutionally managed asset was presented as an excellent opportunity for investors looking to […]
News Release: Fairfield Advisors announces sale of Tri-State Orthopedic Medical Office Buildings
– $3,500,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of 2 Tri-State Orthopedic Medical Office Buildings in Southern Indiana. The 2 buildings, totaling 12,500 square feet, are located in Evansville and Vincennes. The anchor tenant in the building is Tri-State Orthopedics […]
News Release: Montecito Medical Acquires Medical Office Building in Philadelphia Area
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the greater Philadelphia market area. The 27,500 square-foot building, located in Bensalem Township, is tenanted by two prominent provider groups, Alliance Cancer Specialists and US Digestive Health/Gastrointestinal Specialists. The property includes an ambulatory surgery center […]
News Release: Newmark Arranges $44 Million Financing for Acute Care and Specialty Hospital in Houston, Texas
New York, NY (February 6, 2023) — Newmark announces it has arranged a refinancing loan for a physician-owned hospital facility located in Houston, Texas. The facility is 100% leased to two tenants, including an independent surgical hospital operator and national inpatient rehabilitation facility. The refinancing totaled $44 million in proceeds on a non-recourse basis, reflecting […]
News Release: National Dental Healthcare REIT Posts ‘Explosive’ Growth In 2022
CHICAGO–(BUSINESS WIRE)–National Dental Healthcare REIT (NDH REIT), a Thurston Group portfolio company, has announced significant growth in 2022, where it has more than doubled its size and holdings in only its second full year. In 2022, the Chicago-based Real Estate Investment Trust (REIT) acquired 74 locations across 10 new states, totaling $87 million in acquisitions. […]
News Release: Blue West Capital Arranges the Sale of New Construction Single Tenant UCHealth in Erie, CO
ERIE, CO – [February 3, 2022] – Blue West Capital has completed the sale of the single tenant net lease UCHealth medical office building located at 2970 Arapahoe Road in Erie, CO for $5,650,000. Tom Ethington, of Blue West Capital, represented the 1031 exchange buyer, an Arizona-based family. The seller was a local developer. The […]
News Release: Phase 3 Real Estate Partners, Inc. signs life science company to 7,064 SF lease at GENESIS – HQ in San Diego, California
SAN DIEGO, CALIF., February 3, 2023 – Confirming the attractiveness of San Diego as a premier life science market, Phase 3 Real Estate Partners, Inc. announced that is has signed Nautilus Biotechnology to a new 7,064-square-foot lease at GENESIS – HQ, a two-story, 29,874-square foot Class A life science building located at 4475 Executive Drive […]
News Release: Omega Reports Fourth Quarter and Full Year 2022 Results
Completed $103 Million in New Investments in Q4 Continued Operator Portfolio Restructurings HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter and year ended December 31, 2022. FOURTH QUARTER 2022 AND RECENT HIGHLIGHTS Net income for the quarter of $47 million, or $0.19 per […]
News Release: Oxford Finance’s Healthcare Real Estate Group Closes Over $867 Million of Capital Commitments in 2022
ALEXANDRIA, Va.–(BUSINESS WIRE)–Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, is pleased to announce that its Healthcare Real Estate Group closed a record level of originations in 2022, with Oxford providing over $867 million of capital commitments. The group closed a total […]
News Release: Sale Announcement: Closing of $12.05M Single Tenant Absolute NNN 15-Year SLB Portfolio (4)
Whitewater Eye Centers Real Estate Portfolio: Madison Street Group is pleased to announce the sale of the Whitewater Eye Centers Real Estate Portfolio located in Indiana (3) and Ohio (1) to Montecito Medical Real Estate. Investment Highlights: § The Portfolio consists of three (3) MOBs with one (1) ambulatory surgery center (ASC), and one (1) […]
